Smith Statement on Blue Cross Leaving Nebraska’s Obamacare Exchange

Congressman Adrian Smith (R-NE) released the following statement today regarding the announcement Blue Cross Blue Shield of Nebraska will not sell individual health insurance on the Obamacare marketplace in 2017.

“When Nebraska’s largest insurer must stop participating in the Obamacare marketplace due to losses totaling in the hundreds of millions of dollars, what more proof do we need Obamacare is not sustainable? The president’s health care law has already hurt thousands of Nebraskans with the collapse of CoOportunity Health, and now 20,000 more will lose coverage and have to scramble to figure out how to avoid tax penalties with even fewer choices.

“Obamacare is a failure, and Nebraskans cannot continue to shoulder its consequences. We need our next president to work with Congress on our plan to give Americans more health coverage options while reducing costs and returning decisions to patients and their doctors.”